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3490 NW 32nd Ave
Miami, FL 33142

$2,900,000 USD

Storefront Retail Residential For Sale  •  6,213 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 6,213 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1945
  • Tenancy Single
  • Zoning BU-1A
0 Transit Score
60 Walk Score

Highlights

Immediate Value-Add Opportunity: With residential units currently rented below market, there’s an opportunity for 15-20% income growth
Development Potential: Qualifying under the new Live Local SB 102 Act, this property offers the potential for high-density, mixed-use redevelopment
Diverse Income Streams:The property includes Monthly revenue from restaurant/nightclub ($9,000), four residential units ($7,200), and yard for ($2140)

Property Flyers

Amenities

  • Restaurant

Public Transportation

Commuter RailDriveWalkDistance
Hialeah Market (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 5 min - 1.2 mi
Tri-Rail and Metrorail Transfer Station (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 3.3 mi
AirportDriveWalkDistance
Miami International 23 min - 9.3 mi
Fort Lauderdale–Hollywood International 34 min - 23.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Miguel Fuentes 305-915-3492 Fausto Commercial Realty Consultants
Miguel Fuentes 305-915-3492 Fausto Commercial Realty Consultants